According to CoinMeta, Brad Lightcap, the former operations director of OpenAI, has announced his resignation, bringing to an end his 8-year tenure at the company. This marks the eighth high-ranking executive to leave the company before IPO. Lightcap stated that he will embark on a new entrepreneurial project; since 2018, he has been responsible for building the company's finance, legal, and collaboration teams. Jeff Park from investment firm Parafi noted, "It is not common to see so many high-level executives leaving before the long-awaited IPO; unless..."